A …………. Company should transfer 25% of its profit to a statutory Reserve

Related MCQs

• Banks are required to transfer …………………. Of their profit to a statutory reserve
• Revenue reserve means any reserve other than ……………. Reserve
• A banking company should transfer 25% of its profit to a …………….
• A banking company required to prepare its profit & loss account according to ……………………… of the III schedule of the Banking Regulations Act.
• Realization account is closed by transfer of profit/loss to
• No profit and loss appropriation account is prepared in case of a…………… company.
• Reserve for unexpired risk is shown under :
• …………….. reserve is created to meet any loss due to natural calamity
• A …………. Company required to prepare its balance sheet according To form A in the III schedule of the Banking Regulation Act
• A banking company required to prepare its ……………. According to Form B in the III schedule of the Banking Regulations Act